Auto ancillary bets.

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Drpkabbu, Jul 25, 2016.

Previous Thread Next Thread
Loading...
  1. Drpkabbu

    Drpkabbu New Member

    Joined:
    Aug 15, 2015
    Messages:
    7
    Likes Received:
    0
    Auto ancillary stocks are buzzing. Any long term bets. View on MRF please?
     
    Drpkabbu, Jul 25, 2016
    #1
  2. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

    Joined:
    Mar 28, 2015
    Messages:
    1,898
    Likes Received:
    769
    MRF is excellent stock but PE is very high and so chance of gains is less in short term period. Better go for small cap stocks like Sundaram Fastener, BANCO, LG Balkrishna and many others are there with high ROE, low debt, good management and track record of performance. :)
     
    Srouta Mukherjee, Jul 25, 2016
    #2
  3. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

    Joined:
    Mar 28, 2015
    Messages:
    1,898
    Likes Received:
    769
    Even Oriental Carbon is ancillary stock because they make raw material for tires radial and have monopoly over product in India.
     
    Srouta Mukherjee, Jul 25, 2016
    #3
  4. krish123

    krish123 Member

    Joined:
    May 7, 2017
    Messages:
    82
    Likes Received:
    10
    mrf good for long term in auto anciliary autoline axle is good as it is backed by kalyani group
     
    krish123, May 12, 2017
    #4
  5. saashy

    saashy Member

    Joined:
    Jan 26, 2016
    Messages:
    40
    Likes Received:
    22
    Technocraft Is worth having having a look as well
     
    saashy, May 14, 2017
    #5
Previous Thread Next Thread
Loading...
Loading...
Similar Threads
  1. kharb

    Which are the best auto and auto ancillary stock for long term investment.

    kharb, Sep 17, 2016, in forum: Ask A Query About Your Stock Picks And Portfolio
    Replies:
    6
    Views:
    4,744
    G_One
    Sep 20, 2016
  2. RAMA MURTHY SASTRY CHALLA

    what is the Future Multibagger company in "Automobile Ancillary " Sector ?

    RAMA MURTHY SASTRY CHALLA, Oct 17, 2015, in forum: Ask A Query About Your Stock Picks And Portfolio
    Replies:
    70
    Views:
    24,659
    Rajneesh
    Oct 9, 2017
  3. Vidhi Khanna

    Rajiv Bajaj is confident about Bajaj Auto's fair value of ₹20,000 & bought the stock when it dipped.

    Vidhi Khanna, Oct 21, 2024, in forum: Portfolios Of Famous Investors
    Replies:
    0
    Views:
    236
    Vidhi Khanna
    Oct 21, 2024
  4. Vidhi Khanna

    Lumax Auto is well diversified & poised for healthy growth. Target Price ₹750 (30%)

    Vidhi Khanna, Sep 23, 2024, in forum: Latest Brokerage Stock Buy-Sell Reports
    Replies:
    0
    Views:
    595
    Vidhi Khanna
    Sep 23, 2024
  5. Michael Gonsalves

    Plunge in Bajaj Auto is an opportunity to make money through options

    Michael Gonsalves, Jun 14, 2022, in forum: Traders Corner
    Replies:
    0
    Views:
    1,579
    Michael Gonsalves
    Jun 14, 2022